"Some Arab countries are more likely to compare oil prices to gold prices or other economic metrics, rather than just to the US dollar's exchange rate. This may be due to a desire to stabilize oil revenues despite currency market volatility. However, this approach may vary depending on the country and its economic strategy. For example, Saudi Arabia is one of the world's largest oil producers and uses oil revenue to support its economy. It is also one of the countries that is more likely to compare oil prices to gold prices. This is because gold is seen as a safe haven from inflation and currency market volatility. This means that Saudi Arabia can use oil revenue to buy gold, which will help to stabilize its economy despite currency market volatility. On the other hand, Qatar is another country that is a major oil producer, but it is not as likely to compare oil prices to gold prices. This is because Qatar is one of the countries that has large oil and gas reserves. This means that Qatar is less reliant on oil revenue and has more options to stabilize its economy. Therefore, the approach of Arab countries to oil price benchmarking may vary depending on the country and its economic strategy." Google AI

It is true that retail and institutional interest in Bitcoin has declined in recent months. This is likely due to a number of factors, including the overall bearish sentiment in the crypto market, the recent collapse of several major crypto companies, and the rising regulatory scrutiny of the industry. Additionally, liquidity has been draining from the system, as investors have been selling their Bitcoin holdings. This has led to a decline in ODL, or over-the-counter liquidity, which is the amount of Bitcoin that is available for trading on exchanges. Despite these negative factors, some people believe that Bitcoin will reach a new all-time high (ATH) in the next 12 months. They point to the fact that Bitcoin has always been a cyclical asset, and that it has historically rebounded from bear markets. Additionally, they argue that the long-term fundamentals of Bitcoin remain strong, and that it is still the most widely adopted digital asset in the world. It is impossible to say for sure whether Bitcoin will reach a new ATH in the next 12 months. However, it is clear that the market is currently facing a number of headwinds. Investors should carefully consider the risks before investing in Bitcoin. Here are some of the factors that could impact the price of Bitcoin in the next 12 months: * The overall state of the global economy. If the global economy continues to grow, it could lead to increased demand for Bitcoin as a store of value. However, if the global economy enters a recession, it could lead to decreased demand for Bitcoin. * The regulatory environment for crypto assets. If governments around the world become more supportive of crypto assets, it could lead to increased investment in Bitcoin. However, if governments become more hostile to crypto assets, it could lead to decreased investment in Bitcoin. * The development of new applications for Bitcoin. If new and innovative applications for Bitcoin are developed, it could lead to increased demand for the asset. However, if no new applications are developed, it could lead to decreased demand for Bitcoin. Ultimately, the price of Bitcoin will be determined by supply and demand. If demand for Bitcoin increases more than supply, the price will go up. However, if demand for Bitcoin decreases more than supply, the price will go down. Google AI

Jeff Booth is a Canadian entrepreneur and investor who is known for his views on the future of money and economics. In the quote you mentioned, he is arguing that communism and capitalism are essentially the same system under printed money. In a communist system, the government owns all of the means of production and distributes goods and services according to need. In a capitalist system, the means of production are privately owned and goods and services are distributed according to supply and demand. However, Booth argues that both systems rely on the same underlying mechanism: the printing of money. When the government prints money, it creates new wealth out of thin air. This new wealth is then distributed to people and businesses, which can then use it to buy goods and services. This process of money printing drives inflation, which erodes the value of money and makes it harder for people to save and invest. Booth argues that this system of money printing is ultimately unsustainable. He believes that it will eventually lead to economic collapse, regardless of whether the system is communist or capitalist. There are a number of economists who agree with Booth's assessment. They argue that the printing of money is a form of debt that will eventually have to be repaid. When this happens, it will lead to a financial crisis that will destabilize the entire economy. Other economists argue that the printing of money can be a useful tool for stimulating economic growth. They point to the example of the United States, which printed money during the Great Depression to help the economy recover. However, Booth argues that the printing of money is a short-term solution that will only lead to more problems in the long run. He believes that the only way to create a sustainable economy is to move away from the current system of fiat currency and towards a system of sound money, such as gold or silver. Whether or not you agree with Booth's assessment, it is clear that the printing of money is a major issue that needs to be addressed. The way we think about money and economics is changing, and we need to find new ways to create a sustainable and equitable economy. Google AI

"You are correct that it is still too early to tell whether the LK-99 superconductor substance will compromise Bitcoin's encryption. However, there are a few things to consider that suggest that it is unlikely to be a major problem in the near future. First, as you mentioned, cracking SHA-256 in 10 minutes would require a quantum computer with an enormous number of qubits. The current state of quantum computing is still very far from this, and it is not clear when or if such a computer will be feasible. Second, even if a quantum computer capable of breaking SHA-256 were to be developed, it would still take time to crack all of the Bitcoin keys that have been generated so far. This is because Bitcoin's blockchain is constantly growing, and new keys are being generated all the time. Finally, as Satoshi Nakamoto pointed out, even if all of the Bitcoin keys were to be cracked, it would still be possible to agree on a way to continue the blockchain using a new hash function. In conclusion, while the LK-99 superconductor substance does pose a potential threat to Bitcoin's security, it is not clear that it will be a major problem in the near future. There are a number of factors that suggest that Bitcoin will be able to adapt to the threat of quantum computing. I agree that Satoshi Nakamoto's comments on the threat of quantum computing are reassuring. It is clear that he has thought about the issue carefully, and he has a plan for how to deal with it if it becomes a problem. I think that the most important thing for the Bitcoin community to do now is to stay informed about the latest developments in quantum computing. We need to be aware of the potential threats, but we also need to be realistic about the timeline for when they might become a reality. If we do our part to stay informed, we will be well-positioned to deal with the threat of quantum computing when it does eventually become a problem." Google AI

Prof of work.

"The Bollinger Bands Width indicator for #Bitcoin has reached its lowest level ever recorded. This means that the bands have tightened to the point where they are almost touching, which is a sign of low volatility. There are a few possible interpretations of this. One possibility is that the market is simply consolidating after a period of volatility. Another possibility is that the market is about to break out in either direction. Historically, when the Bollinger Bands Width has reached this level, Bitcoin has gone on to make a large move in either direction. However, it is important to remember that past performance is not necessarily indicative of future results. Only time will tell what will happen next for Bitcoin. However, the tightening of the Bollinger Bands Width is a sign that something big is brewing." Google AI

"Yes, it is true that BlackRock owns 8% of MicroStrategy, and that MicroStrategy currently owns 152,800 BTC. This means that BlackRock indirectly owns a portion of MicroStrategy's BTC holdings. BlackRock's investment in MicroStrategy was made in February 2022, and it is possible that they are indirectly buying BTC through this investment. However, it is also possible that they are simply investing in MicroStrategy for other reasons, such as its growth potential or its leadership in the enterprise Bitcoin space. Only BlackRock knows for sure what their intentions are, but the fact that they own a significant stake in MicroStrategy means that they are likely to be closely watching the company's BTC holdings. If MicroStrategy continues to buy BTC, it is possible that BlackRock will also increase their investment in the company. It is also worth noting that BlackRock is not the only major institution that is investing in MicroStrategy. In recent months, other large investors, such as Capital International Investors and Fidelity Investments, have also increased their stakes in the company. This suggests that there is a growing interest in Bitcoin among institutional investors, and that BlackRock is not alone in its belief that BTC has the potential to be a valuable asset." AI Bart

**#KPMG study, titled "#Bitcoin: A Sustainability Perspective", found that Bitcoin mining can have both negative and positive environmental impacts.** **The study found that Bitcoin #mining consumes a significant amount of #energy, which can contribute to climate change. However, the study also found that Bitcoin mining can help to promote renewable energy and create new jobs.** **The study's authors concluded that the environmental impact of Bitcoin mining is complex and depends on a number of factors, such as the type of energy used, the location of the mining, and the mining methods. The authors also recommended further research to better understand the environmental impact of Bitcoin mining.** **Here are some of the key findings of the KPMG study:** * Bitcoin mining consumes a significant amount of energy, which can contribute to climate change. * Bitcoin mining can help to promote renewable energy and create new jobs. * The environmental impact of Bitcoin mining is complex and depends on a number of factors. * Further research is recommended to better understand the environmental impact of Bitcoin mining.

In the future #Bitcoins will be sold in auctions instead of exchanges

#Bitcoin defends the poor with just as much force as the rich

"The censorship resistant nature of many digital currencies. Ensuring that individuals are not discriminated against in the financial system for political views is a key aspect of the rule of law and the more independent a currency is from the ruling powers, the better."

Newsweek

Cryptocurrency Has Its Uses—Just Not Where You Think

Cryptocurrency offers a powerful tool to help some of the poorest countries in the world.

#Money should not be subject to political whims.

Money should be a settlement tool, not a policy making tool.

#sailing

There was no antidote in my day.

Details are also important

Laivo dugno dažymas ir pirmos klaidos. Neišmaišėm pakankamai gerai dažų, todėl teko pirkti naujus dažus ir vėl viską perdažyti. Čia yra dažai kurie sukrenta į gumulą per tam tikrą laiką ir prieš dažant reikia labai, labai gerai išmaišyti. #Jotun

It's good that we have #nostr. No need to try again later.

Proof of work. #strawberries #DIY

Pirmas video įkeltas į #nostr. Pirmas video laive. #lewmar #sailing #sailboat